2020-4-21 07:05 |
With stablecoin announcements from China and Libra in the same week, the war over the future of money is reaching a new height, says our columnist.
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Central bankers and proponents of digital currency have been at odds with each other for a long time now. 2019 was particularly a highlight after the criticism of Facebook's Libra over the course of The post Bitcoin, other crypto-assets' success in the future may depend on fiat appeared first on AMBCrypto.
2020-2-22 21:30 | |
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According to a recent submission made by the Australian Prudential Regulation Authority, the financial services sector regulators could potentially oversee Facebook's Libra by playing a part in the prThe post Facebook's Calibra may be overseen by Australia's APRA in the future appeared first on AMBCrypto.
2020-1-21 10:26 | |
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A distinguished Stanford professor breaks down the year in stablecoins: Libra, Tether and Central Bank Digital Currencies, like China's.
2020-1-4 19:35 | |
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While many enthusiasts offer a bullish assessment of the future of cryptocurrencies like bitcoin and the ways it can be used to replace or supplement fiat currency, the coins have received mixed reactions from central banks across the globe.
2019-11-14 19:58 | |
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For the better part of two months, Facebook has been in the fight to save Libra, its stablecoin project, from being shelved by regulators both at home and abroad. Concerns over a wide array of things (including money laundering and customer protection) have put the future of the asset in jeopardy, with the latest of […] The post German Banks Remain Skeptical of Libra, Won’t Ban It appeared first on BeInCrypto.
2019-11-12 03:36 | |
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For months now, Libra, the stablecoin project from Facebook, has been mired in one controversy or the other. However, a new report could throw the asset’s future operation into further disarray. On November 4, popular news medium Reuters reported that the International Organization of Securities Commissions (IOSCO), a global securities and futures trading regulator, is […] The post Libra, Stablecoins Should Be Regulated as Securities, Says Global Trading Regulator appeared first on BeInCrypto.
2019-11-5 07:06 | |
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Facebook‘s entry into the cryptocurrency space with the launch of Libra has got a lot of people in the crypto-community curious. However, many, including regulators, have raised concerns about the social media platform’s project.
2019-10-30 15:02 | |
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Mark Zuckerberg, the founder and CEO of Facebook, has testified before the U. S. House Financial Services Committee, where Congress members have raised their concerns about the company’s past and future dealings.
2019-10-24 07:09 | |
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As we already know, after five years of research, the People's Bank of China is very close to releasing its digital currency. While China has been focused on creating a central bank digital currency, the US has no plans for the same in the near future, though they are looking at it. In the meantime, […]
2019-10-22 19:50 | |
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Facebook has managed to officially sign up 21 organizations to its Libra Association following several high-profile departures from its controversial ‘cryptocurrency’ project. According to a press release, Andreessen Horowitz, Ribbit Capital, Spotify, Coinbase, Uber Technologies, Vodafone, and Xapo are among those who signed the Libra Association’s charter.
2019-10-15 12:33 | |
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Another week, another of Crypto Tidbits. This week, Bitcoin traded within a relatively wide range — $8,200 to $8,900 — but is closing at a very similar level to last week. Analysts are currently divided over what this consolidation means for the cryptocurrency market’s short-term future.
2019-10-13 23:30 | |
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Coinspeaker Libra’s Future in Question as Mark Zuckerberg is Set to Testify Before the U. S. CongressFacebook CEO Mark Zuckerberg is set to testify before the Financial Services Committee of the United States Congress later this month.
2019-10-10 11:26 | |
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Another week, another of Crypto Tidbits. After last week’s collapse, Bitcoin (BTC) took some time to settle, finding itself trading in the low-$8,000s for an extended period of time. Analysts are currently divided over what this consolidation means for the cryptocurrency market’s short-term future, with some even arguing that this is a precursor to another bear.
2019-10-6 21:00 | |
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The chair of the Financial Stability Board, Randall Quarles, recently spoke about the rise in popularity stablecoins are having, including very prominent projects such as Libra. According to him, the future can have significant regulatory challenges because of these projects.
2019-10-5 22:19 | |
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American computer site The Verge published a leak from an internal meeting in Facebook, where the future of Libra, in particular, was discussed. Mark Zuckerberg intends to persuade politicians to make Libra be launched.
2019-10-4 12:47 | |
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The outgoing president of the European Central Bank (ECB) believes that so far crypto assets have had few implications for existing monetary policy. However, Mario Draghi believes that this could change in the future.
2019-9-28 23:00 | |
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The results of a cryptocurrency survey conducted by the Dutch banking group, ING, revealed a significant lack of appetite for Facebook's Libra, and its designated use case: Sending payments across social media.
2019-9-18 18:00 | |
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In a recent interview with BLOCKTV, Ethereum Co-Founder Vitalik Buterin talked about the future prospect of Facebook’s Libra while also identified concerns regarding Telegram’s impending blockchain.
2019-9-16 19:30 | |
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Not a week has gone by since Facebook announced its lofty crypto ambitions that it hasn’t been torn apart for one reason or other. Now it is the chance for the central banks of the world to grill the social media giant on its plans to compete with them all.
2019-9-16 09:30 | |
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International news agency Agence France-Presse (AFP) has reported that PayPal is being quite cautious regarding the future of Facebook’s proposed cryptocurrency project, Libra. On the company signing on to the Libra Association, Gabrielle Rabinovitch, Investor Relations VP, PayPal, said: “It’s a non-binding commitment, and obviously, I think there’s a lot of work to happen before […] The post PayPal is reportedly wary of Libra’s future appeared first on AMBCrypto.
2019-9-14 12:00 | |
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After the future of Libra was put in doubt, a number of projects have announced their intent to bring the same vision to life. A Bloomberg report details how top brass at Binance are confident of their ability to successfully launch Venus, with little friction from regulators, August 29, 2019.
2019-8-31 15:00 | |
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By CCN Markets: Weeks after various jurisdictions around the world expressed concerns over Facebook’s Libra project, it is now the turn of EU authorities to push back against the social media giant’s plans.
2019-8-23 01:30 | |
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It hasn’t been a bed of roses for Facebook as it continues to struggle with regulations to enter the world of cryptocurrencies. A host of hearings and proposed regulations by lawmakers has got the cryptoverse anxious about the future of the social media giant’s crypto-project.
2019-8-9 11:30 | |
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All last month, the positive sentiment surrounding Bitcoin, crypto, and even Facebook Libra turned negative after United States President Donald Trump made some negative tweets about the digital asset class and its illicit use in criminal activities such as money laundering, cybercrime, drug trade, and more.
2019-8-3 23:00 | |
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Cryptocurrency has been getting a lot more attention with each passing day and there is increased attention from retail and institutional players as well as the government. Facebook announced its Libra and the head of the project, David Marcus, recently endured hours of questioning from the Congress.
2019-7-30 22:25 | |
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After Facebook’s Libra, it seems likely that other major brands like Amazon, Delta, and T-Mobile will create their own stablecoins. Stablecoins of the future The coming years will see the advent of a second generation of stablecoins.
2019-7-30 22:18 | |
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In the latest quarterly report for Facebook, the Libra Association and the Libra digital asset were described in relatively negative terms, with an uncertain future.
2019-7-30 16:50 | |
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We interviewed Tim Coulter, the founder and CEO of Truffle, an Ethereum development environment, testing framework, and asset pipeline. On August 2nd, at the Microsoft Campus outside of Seattle, the company will host its second annual TruffleCon, an event dedicated to ETH developers.
2019-7-20 04:44 | |
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Investor and Shark Tank shark Kevin ‘Mr. Wonderful’ O’Leary has dismissed concerns raised against Facebook’s cryptocurrency Libra. Speaking on CNBC, the avowed Bitcoin skeptic stated that Libra has the capacity to become accepted and consequently useful with effective regulation.
2019-7-18 18:19 | |
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Lukka CEO and investor Jake Benson sees Libra's real value as a guinea pig that will allow regulators to test the limits of crypto.
2019-7-18 16:00 | |
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Over the weekend, United States President Donald Trump tweeted about Facebook’s Libra cryptocurrency and expressed his negative thoughts about the corporation’s idea of the future of money. He also made comments about Bitcoin, and the entire emerging financial asset class of cryptocurrencies, and spoke of their “unlawful” usage in activities like cybercrime, ransomware, and money […] The post Bitcoin Price Plummets Under $10K As Lawmakers Take on Facebook’s Crypto appeared first on ZyCrypto.
2019-7-17 23:27 | |
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CoinDesk LIVE presents opinions and commentary on Libra's hard road ahead. Join six experts and our own editors for a detailed discussion of the future of Mark Zuckerberg's cryptocurrency.
2019-7-16 18:55 | |
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CoinDesk LIVE presents opinions and commentary on Libra's hard road ahead. Join six experts and our own editors for a detailed discussion of the future of Mark Zuckerberg's cryptocurrency.
2019-7-17 18:55 | |
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The House Financial Services Committee in the United States is set to discuss the future of Facebook’s upcoming cryptocurrency, Libra, on Tuesday. The head of the committee, Democratic Congresswoman Maxine Waters, last week proposed legislation which details rules that would ban Facebook and other technology firms from developing and launching financial services.
2019-7-16 15:00 | |
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Ripple’s CEO Brad Garlinghouse just responded to President Donald Trump’s Tweets on cryptocurrency and Secretary of Treasury Steve Mnuchin’s Libra themed press conference. In a series of tweets, Garlinghouse laid out his thoughts on what the President and his Secretary of Treasury said about the present and future of cryptocurrency.
2019-7-16 10:41 | |
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It has been yet another eventful week for “magic internet money. ” Bitcoin, which leads the cryptocurrency bandwagon in the financial market, has been in the headlines recently owing to two key comments.
2019-7-13 21:30 | |
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While in the US, the authorities have not yet decided how they relate to the future Facebook cryptocurrency, the two largest economies in Asia have already decided. Libra will not pass. Bengal tiger does not feel comfortable The world recovers after the announcement of Libra. And it turns out, that not everyone is happy about […]
2019-7-10 20:54 | |
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The deputy governor of Japan’s central bank predicts a large user base for Libra and warns Facebook to comply with money laundering and risk management regulations. Libra’s ‘enormous’ user base According to Bank of Japan Deputy Governor Masayoshi Amamiya, Libra could have a high user base in the future.
2019-7-6 22:10 | |
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A recent letter from the U. S. House of Representatives to social media giant Facebook has crypto users speculating feverishly. The implications of the letter, and Calibra CEO David Marcus’ recent response, will inform the future of money not only in America, but worldwide.
2019-7-4 14:20 | |
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Ever since Facebook launched the Libra’s white paper, the whole crypto community is been abuzz. Some are strongly criticizing the project while some see it as the future or the savior of crypto. Joseph Stiglitz, a Noble Prize winner economist, is teaming up with the people that distrust Facebook’s Libra. According to a recent article […]
2019-7-4 00:18 | |
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The Hayes-Roubini debate cannot get here soon enough. From Libra to the Bitcoin institutional-versus-retail rise, and to the future of the cryptocurrency market, several topics are presently at the fore, topics which would see the two starkly contrasting personalities pick opposite ends of the stick.
2019-7-2 17:00 | |
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The world stopped when Facebook decided to reveal the white paper of its Libra project. However, as soon as everybody read it, the first impression was that there were more doubts than actual certainty about the future of the project.
2019-7-2 00:58 | |
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In this episode, we do a deep technical dive into Facebook Libra and ask, is it trustworthy? Will it be valuable or even viable? Or will it crash and burn? In other news, Metlife is adopting Ethereum, but what will this mean for the future of the project? Bitcoin is the eighth largest currency inRead MoreRead More.
2019-7-2 18:23 | |
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Cardano’s founder thinks emerging markets can produce millions of future crypto users, but operating in such areas requires strong relationships
2019-6-28 04:15 | |
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The internet and financial regulators were spewing hot takes on Libra after Facebook released its white paper. With cryptocurrencies, stablecoins, and the future of money on everyone's mind, what can we expect from fiat and digital currency in the future?
2019-6-22 23:53 | |
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Last updated 12:56 GMT 21 June 2019 Talking to BBC radio about a new Bank of England report The Future of Finance, governor Mark Carney was fairly balanced about Facebook’s Libra but said: “You can’t.
2019-6-21 10:55 | |
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The world is still processing the specifics of Facebook‘s Libra digital currency, but even the Reserve Bank of Australia (RBA) has realized it’s set to rub cryptocurrency purists the wrong way.
2019-6-20 12:38 | |
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Upon the launch of the highly anticipated Facebook Libra, which was unveiled yesterday, the entire cryptocurrency space has been left in a state of complete chaos as cryptocurrency users continue to air their numerous opinions on the latest digital currency.
2019-6-20 22:54 | |
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By CCN Markets: Leave it to Facebook to announce a blockchain project – Libra – and launch a complete blockchain with a new programming language in months. Libra, Not GlobalCoin Previously, we understood that Facebook was launching “GlobalCoin.
2019-6-19 19:39 | |
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Opinion: From Brazil to Norway, there is plenty of evidence that governments are planning to use CBDCs to abuse their people.
Unpacking the Incoherence and Hubris of Modern Monetary Theory and Its Intersection with CBDCs and Bitcoin
The Reserve Bank of New Zealand opened a new consultation period on a central bank digital currency (CBDC) on April 17. The current stage of development seeks input on “high-level design options for digital cash.
Swiss National Bank (SNB) Chairman Thomas Jordan said the central bank “sees no need” to issue a central bank digital currency (CBDC) for public use despite the benefits of a wholesale version.
SWIFT said on March 25 that it discovered several applications for its central bank digital currency (CBDC) solution following a successful six-month test. The company did not create its own CBDC but instead developed an interlinking solution for existing CBDCs — dubbed the SWIFT connector.
In a recent meeting with the European Parliament’s Committee on Economic and Monetary Affairs, Piero Cipollone, a member of the ECB Executive Board, discussed the forthcoming digital euro, specifically its privacy features, infrastructure procurement, and operational standards.
Swiss banks, Cantons of Basel-City, and Zurich have successfully issued digital bonds using real CHF wholesale central bank digital currency (wCBDC) on SIX Digital Exchange (SDX). This marks the first-ever issuance of this kind, leveraging the Swiss National Bank’s (SNB) wCBDC.